Slashdot Mirror
Once Valued at $125B, Yahoo's Web Assets To Be Sold To Verizon For $4.83B, Companies Confirm
The reports were spot on. Verizon Communications on Monday announced that it plans to purchase Yahoo's Web assets for a sum of $4.83 billion in cash. The multi-billion dollars deal will get Verizon Yahoo's core internet business and some real estate. The announcement also marks a remarkable fall for the Silicon Valley web pioneer, which once had a market capitalization of more than $125 billion. For Verizon, the deal adds another piece to the mammoth digital media and advertising empire it owns. The deal is expected to close early 2017. CNBC reports: The transaction is seen boosting Verizon's AOL internet business, which the company acquired last year for $4.4 billion, by giving it access to Yahoo's advertising technology tools, as well as other assets such as search, mail, messenger and real estate. It also marks the end of Yahoo as an operating company, leaving it only as the owner of a 35.5 percent stake in Yahoo Japan, as well as its 15 percent interest in Chinese e-commerce company Alibaba. In December, Yahoo scrapped plans to spin off its Alibaba stake after investors worried about whether that transaction could have been carried out on a tax-free basis. It instead decided to explore a sale of its core assets, spurred on by activist hedge fund Starboard Value. Forbes has called it one of the "saddest $5B deals in tech history."Yahoo CEO Marissa Mayer, who was expected to leave -- or get fired -- said she intends to stay. "For me personally, I'm planning to stay," Mayer said in a note on Yahoo's Tumblr page. "I love Yahoo, and I believe in all of you. It's important to me to see Yahoo into its next chapter."
There is nothing sweeter than those juicy Geocities page views. That's the crown jewel as far as I'm concerned.
I don't think much of Verizon but I would be fucking shocked if Meyers arse isn't on the sidewalk 10 seconds after it goes through. Yahoo was on its way down, but she put the peddle to the floor and accelerated it into oblivion.
See Yahoo into its next chapter. 11?
Where did Verizon find 5 billion in *cash*?? Inside the mattress??
Political debates have me rolling my eyes so much I think I got optical whiplash. I should sue. - Foamy The Squirrel
Mayer has made herself unemployable by running this company further into the ground. Obviously she is going to stay until someone gives her enough money to quit, where else would she go? Perhaps a bid for republican nomi... oh...
Custom electronics and digital signage for your business: www.evcircuits.com
I believe the phenomena you are trying to refer to is called the Glass Cliff. Although, we can argue whether or not the US is a sinking ship given that it is better shape than 7 years ago.
She doesn't want a golden parachute, but a golden slide.
wmd starvation & deception remain as leading killers of us... cease fire stand down,there's moms & babys in all of our towns,, the little ones like it/us quiet.. that's the spirit.. thanks again...
"It's important to me to see Yahoo into its next chapter."
I guess she means Chapter 11...
We are subsidizing Obamacare for almost everyone.
The middle class (taxpayers) are subsidizing Obamacare for the poor, while the rich are opting out because they can afford to. Which is why over 10% still haven't signed up. They're part of the middle class, and they can afford rent or insurance but not both.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
I love Yahoo, and I believe in all of you.
Ah, the old "take their eyes off the ball" trick. Don't look the Captain as the ship goes down -- think of all the deck hands who worked so hard.
The new Verizon slogan: we give you the 1990s Internet. #blinktag #dialup
Rats. Now I will most likely have to switch. Based on my regular interactions with Verizon, I have very high confidence they will LEC the performance of the mail infrastructure.
Maybe she was a Google plant to sink Yahoo. Lets see if they take her back.
Wow! A whole 10%! What a disaster...oh by the way, you were subsidizing the poors healthcare anyway. Where do you think it came from? The magic fairy tree?
1) Fiorina has not declared bankruptcy.
2) HP did not declare bankruptcy under Fiorina.
3) Hillary Clinton has not had to declare bankruptcy.
Meanwhile, Trump has had four bankruptcies and is the subject of multiple class action suits over the scam that was Trump University.
If the only choice is between a disaster that doesn't bankrupt the country and an apocalypse that does, I'll take the disaster.
1. Marissa Mayer: "For me personally, I'm planning to stay, I love Yahoo, and I believe in all of you. It's important to me to see Yahoo into its next chapter."
2. Marissa Mayer's salary is $117 million over 5 years; $36.6 million for first six months.
3. For that sort of money I'd love and offer to stick around because "It's important to me" too.
4. "It's important to me to see Yahoo into its next chapter." That would be Chapter 11, Amirte?
All I want to know is if Mozilla's $1B guarantee is still in place. As long as they are getting their money with no strings attached, I couldn't care less about else Verizon does with Yahoo.
It's important to me to see Yahoo into its next chapter
Well I guess someone has to see it into death :P
Melissa will get a big bonus most likely paid by the new owners, because they'll have paid her a bonus to encourage her to do the deal.
Very similar to the deal Elop got for gutting Nokia, locking it into a Microsoft world where it was doomed to fail and yet he got a big fat bonus (paid from the *merged* company, i.e. from Microsoft) for doing the deed.
To me Nokia was far sadder, it went from the top slot in the smartphone industry to virtually bankrupt in the space of one obviously malicious CEO. Whereas Yahoo was vapour valuation to less vapour in one obviously incompetent CEO.
http://communities-dominate.blogs.com/brands/2012/07/the-sun-tzu-of-nokisoftian-microkia-mirror-mirror-on-the-wall-whose-the-baddest-of-them-all-waterloo.html
Say, what? Are you a European, or something?
Wow! A whole 10%! What a disaster...oh by the way, you were subsidizing the poors healthcare anyway. Where do you think it came from? The magic fairy tree?
Yep.
Obamacare is great.
It's failure (how many exchanges have NOT gone broke?) is demonstrating to a new generation of voters that the US government is hopelessly inept and corrupt.
Thus letting them know that giving it even more money and more power is BAD idea.
Or do you really think you can rail at the TSA, excoriate spying against everyone, and yet pine for single-payer and not be an incoherent fool?
I just saw on Bloomberg TV that she's getting $250 million out of this deal for what? 14 months of work?
It's good to be queen.
"It's important to me to see Yahoo into its next chapter."
Would that be Chapter 11, or something else?
I'm actually worried about what will happen to Yahoo Finance and their free API - I imagine a LOT of sites draw from it in some way (I'm working on one as I write this for instance).
So, there definitely is some value in there.
Really? Yahoo!'s data is filled with errors. Occasionally, someone on SeekingAlpha uses Yahoo! for their analysis and it fucks everything up.
Bloomberg or best, one's broker for data.
And the news feed on Yahoo! Finance is also shit - Google Finance isn't much better. Robo articles, ads presented as articles, analysis from shit sites like SeekingAlpha and Zacks, please ....
Yahoo! Finance died a few years ago as far as I'm concerned.
Near as I can tell, the only significant asset would be the personal information, AKA the email address and associated data. Is there anything else of unique value in Yahoo? What could the assets be?
Anyway, I had been hoping that Yahoo would get desperate enough to fix their email system to try to avoid this sad ending. Nomad said "I shall effect repair", but his EQ was much higher than mine and I can't persuade anyone of any solutions, even when they are intuitively obvious to the most casual observer.
Freedom = (Meaningful - Coerced) Choice != (Speech | Beer^2), and sad sock puppets' bad mods avail them naught.
herpa trump derp
The new Verizon slogan: we give you the 1990s Internet. #blinktag #dialup
Would that be better or worse than the service they currently provide?
Yet another woman CEO fucking up.
Nice reduction in valuation, about 96%. There's a feather to put in her cap the next time she does a photoshoot. Ms. Mayer will no doubt be paid handsomely for driving Yahoo into the ground, while she looks for the "next chapter" or sucker, to take her on next.
What an unmitigated disaster. Oh, and I'm sure none of it is her fault, since she's a woman, because then that would mean facing uncomfortable realities.
LOL.
Emergency rooms in the US can't deny medical care. Therefor hospitals jack up the price for paying customers to compensate.
One way or another you're subsidizing the poor.
a nice fat departing payout (or a raise).
If the only choice is between a disaster that doesn't bankrupt the country and an apocalypse that does, I'll take the disaster.
Ahh, yes, everyone's favorite chestnut. You HAVE to vote for one of the two establishment candidates or it's throwing your vote away. That's right, in America, relatively intelligent people open admit that voting for a "disaster" rather than a consistent, self-made millionaire who wants to get reduce the power of the central banks is the only way to have a real say. Gag me!
Fact is neither Clinton nor Trump have ever declared personal bankruptcy.
Yes at least 4 businesses owned/run by Donald Trump have filed bankruptcy, and likely a few more.
http://www.rollingstone.com/po...
But have you bothered to look up how many businesses Trump owns and/or runs? The answer is over 500. That's a whole lot of successes for relatively few failures. Even conservatively, 95% of his businesses were/are successful.
http://qz.com/461688/a-list-of...
So your choice is really; Some loud mouth bozo with a 95% success rate in running businesses of all types, or a useless puppet with not a single success in her life.
1) Fiorina has not declared bankruptcy. 2) HP did not declare bankruptcy under Fiorina. 3) Hillary Clinton has not had to declare bankruptcy.
Meanwhile, Trump has had four bankruptcies and is the subject of multiple class action suits over the scam that was Trump University.
If the only choice is between a disaster that doesn't bankrupt the country and an apocalypse that does, I'll take the disaster.
Agreed. It is the height of dumbshittedness for males to point to any female top executive that has failed or is failing and declare that is some sort of proof that females cannot lead or are otherwise unsuited because of their gender.
Certainly Yahoo's problems were well in place before Mayer ever showed up.
Fiorina is a bad CEO, as witnessed by her trying to make her way as a political candidate, where many of her traits that caused problems at HP have shown up, which is an inability to alter course or change her mind when given irrefutable proof that she is wrong. Which is not remotely a female trait - history is littered with men with the same issue.
And who would even know about Clinton? Once you have that last name, there are people who will attempt to use any infraction and amp it up, and take much worse actions performed by their preferred political leaders and outright ignore them. Interestingly enough, before she showed presidential aspirations, she was generally admired and dare we say liked by Republican colleagues. Now Behghazi is called the worst disaster ever, ignoring the orders of magnitude more embassy attacks and deaths during the first 8 years of this century, and what was at best a security violation now merits a call for imprisonment, the attack dogs just make it difficult to assess her actual performance.
But back to the subject, given that the vast number of bankruptcies and poor business management is performed by males, it probably isn't a good idea to point at Mayer and declare Yahoo's problems at base are because she is female.
The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
I am sad at this news :(
Meanwhile, Trump has had four bankruptcies and is the subject of multiple class action suits over the scam that was Trump University.
Multiple is a bit of an understatement 3500 would be more accurate http://www.usatoday.com/story/...
Wasn't Bill Clinton raked over the coals by the Reps. for having just one!
Build a Man a Fire, and He'll Be Warm for a Day. Set a Man on Fire, and He'll Be Warm for the Rest of His Life.
Wow! A whole 10%! What a disaster...oh by the way, you were subsidizing the poors healthcare anyway. Where do you think it came from? The magic fairy tree?
For all of the bluff and bluster of the anti-Romneycare folks, the USA was in a positive feedback loop of the poorest using emergency rooms as basic healthcare - the most expensive healthcare in the world. The costs were passed up the foodchain, and as you note, subsidized by us via larger insurance premiums. What was happening was as the premiums were increasing the people who were increasingly unable to afford healthcare was increasing, which was moving more to the emergency room model of healthcare, which was then charged upwards .......
The health insurance system in use was going to die in a few years, and we would have ended up with the weirdest Universal healthcare system imaginable.
The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
"I love Yahoo, and I believe in all of you. It's important to me to see Yahoo into its next chapter."
which will be chapter 11 you dumb bitch!
People talk like Meyer didn't make decisions and drive the company with a strategy. Do you all think its simple to compete on the internet in the the Google and Facebook age?
This anti Trump astroturfing is really funny.
So some hand full of his ventures failed.
How many more didn't fail? And why shouldn't those companies declare bankruptcy? Should he just have continued to pump money into a failed company?
Of course not. He did the smart thing. He noticed it wasn't working and cut his losses. This is how business is supposed to work.
What lawsuits? The "Clinton University" was (is?) basically a program where they get prominent people to speak at real universities. There's no tuition.
Trump University scammed people into paying tuition for what they though were going to be classes that would give them useful business skills. This is very similar to other for-profit university scams.
Mayer said in a note on Yahoo's Tumblr page. "I love Yahoo, and I believe in all of you. It's important to me to see Yahoo into its next chapter." The next chapter for Yahoo is Chapter 11.
Murder rate in Germany is 0.86 murders per 10,000, while in America it is 5 per 10,000; so whatever Germany is doing in the way of gun control: it seems to be working.
(http://www.nationmaster.com/country-info/stats/Crime/Murder-rate )
Maybe you young'ns can't remember, but I remember when you had to access Yahoo by an IP address (since DNS wasn't a thing then), and then all it really was, was a directory of links to other sites that existed. No such thing as a search engine back then.
The founders capitalized on that, and at one point, Yahoo was the biggest, best thing on the world wide web. Then they decided that the "portal" thing was the way to go, and after that, it was kinda downhill from there.
And then Google came and ate their lunch, and after that were a series of terrible CEOs that didn't understand the company at all (probably because there was no cohesive strategy to understand -- they grew too rapidly at the start for that).
Bye Bye Yahoo. You were great for a little while in the early days, and I appreciated what you did for the web. But I don't think you were ever meant to be a commercial venture, and essentially that was your downfall.
If telephones are outlawed, then only outlaws will have telephones.
Aw, a bankruptcy for a level of government (which is not the same thing as a country) is not that bad. The US has already gone bankrupt the moment it went off the gold standard, defaulting on those obligations.
Meanwhile, Trump has had four bankruptcies and is the subject of multiple class action suits over the scam that was Trump University.
Multiple is a bit of an understatement 3500 would be more accurate http://www.usatoday.com/story/...
Wasn't Bill Clinton raked over the coals by the Reps. for having just one!
Of the 3500 lawsuits mentioned in the USA today article, Trump was the plaintiff in 1900 and the defendant in 1450. I say 'was' because the number of current open civil suits is 50.
In short, the deal doesn't include Alibaba shares, which are the lion's share of Yahoo!'s value. So, mentioning the $125B value in the summary, not clarifying what the deal is, but saying the deal is for $5B, is ...pretty typical for a Slashdot summary.
I come here for the love
3) Hillary Clinton has not had to declare bankruptcy.
Well, she waits to become president so she can bankrupt the whole US. That's going out with a bang!
For all of the bluff and bluster of the anti-Romneycare folks, the USA was in a positive feedback loop of the poorest using emergency rooms as basic healthcare - the most expensive healthcare in the world.
This was, interestingly, a Reagan initiative: the law that hospital emergency rooms cannot turn away patients simply because they cannot pay. (Reagan was not quite as heartlessly libertarian as he is now portrayed.)
This was the single most expensive government-imposed healthcare mandate ever passed in the US. Obamacare (or, as you call it with some accuracy, Romneycare) is more or less just a tweak to try to ameliorate some of the side effects of that law.
as the worst CEO ever. He threw away billions by not selling out to Micro$oft.
But have you bothered to look up how many businesses Trump owns and/or runs? The answer is over 500.
"Owns" and "runs" are two very different things, as are "bought a going concern", "rescued a failing business" and "started something from scratch". If the ones that went bankrupt where the ones he started and ran personally, and the others were just ones he owns a stake in but doesn't have much to do with the day-to-day operation of...
I'm just sayin', I don't actually have the figures or anything.
It's also worth looking at the number of other transactions that have failed, like real-estate purchases that lost money or failed to deliver anything. His university seems like a massive scam too, which makes me think calling Hilary a crook is a bit rich, pardon the pun.
const int one = 65536; (Silvermoon, Texture.cs)
SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
There are 435 congressional districts in the United States. How many of these congressional districts have Libertarian party candidates-- or, for that matter, any third party candidates-- as their congressmen?
Yeah, that's right: zero. None. Nada.
If the Libertarian party can't even manage to win one single congressional district , why in the world would anyone think they'd have any chance at winning a presidential election?
Voting for a third party candidate is, from all the evidence, voting for a candidate that cannot win. That is my definition of throwing your vote away.
Can I still play Yahoo fantasy football?
An open letter to US voters:
Stop letting content delivery companies own content.
Thank you,
Consumers
Is Marrissa selling her assets?
When all you have is a hammer, every problem starts to look like a thumb.
..Certainly Yahoo's problems were well in place before Mayer ever showed up.
True, but she didn't exactly help..
as to the sale, I was expecting it to be sold to Bobbie, for a nickel..
I am so disappointed.
Germany needs mall control. It's their own fault. If they didn't have malls, no one would have been shot at the mall.
>But have you bothered to look up how many businesses Trump owns and/or runs? The answer is over 500. That's a whole lot of successes for relatively few failures. Even conservatively, 95% of his businesses were/are successful.
Interesting statistic. I'd like to see some further analysis done on it though (yeah I'm not going to be the one to do it). "trump" is a branding enterprise. I'd say that list has a very loose definition of "runs". You really think one person can run 500 businesses effectively? That's just enough time to tell each of them "gimme lower cost and MOAR profit" once a quarter. I'm qualified for that!
My guess is for 99% of it, trump probably walked into (or phoned into...yeah just realized he loves to literally phone it in) a room where *somehotel approached him about a marketing license and he gave a quick speil about "winner" and "luxury" and "best brain". His team took the initiative to draw up a contract listing trump as an executive and added the proverbial notch onto his belt and forgot about the whole thing until he needed stump speech material. The people actually running it are doing well enough that this plan has worked pretty well although I'd be surprised if he is worth 1/4 of what he claims, which is still a lot but also tells me all I need to know about him.
It turns out that the tech bias against diversity prevented blonde hair and big boobs from saving the company.
Read that again. read it good. That is insane to purchase the mammoth company that is yahoo to increase the activity of AMERICAN ONLINE. Jesus Tap Dancing christ M. Myers should never get into a management position ever again if the best hope for your company is to be a feeder into AOL...
Wheel of Time: Book by Book and Sumview (summary review) Bigdady92 style: http://bigdady92.blogspot.com/
Once the feminists win, and all leaders are female, the tongue will become a more important part of her body. But now its only the lips.
Have you looked at that list? Its basically a list of real estate management companies that manage one building each. And how many of them does he actually "run" rather than just have his name on? All he has done is split up his liabilities so that if one messes up, it doesn't have enough cash to compensate for the pending law suit, goes bankrupt, and doesn't touch his other stuff.
Also, I doubt he owns controlling or majority share in any of these. Else one of those lawsuits would have leaked into his other holdings.
Splitting them up like that is smart and sadly supported by the US legal system. But that is basically a cop out of "social responsibility". Imagine you run a retail store, but each type of product that you have on the shelf is actually owned by a partially owned subsidiary. If one of those products is in a lawsuit and it doesn't fall to the maker, then it will liquidate the product sub and you continue on as before. Make a new sub that continues buying from maker and renting onto your shelf space.
As a business leader, going bankrupt is not necessarily a bad thing. Bankruptcy laws is what makes America great, it allows inefficient assets, to become efficient assets again. This is the major difference between e.g. US and Japan. Japan almost no one goes bankrupt and look at what has happened. Massive debt, inefficient conglomerates, etc.
When you allow for bankruptcies, that allows people to take risk, and let's face it if people weren't taking risks, then much of society/technology would simply remain static.
According to most analysis, if Trump had just put the money he got from his father in an S&P 500 Index fund, he would have seen greater returns.
http://www.moneytalksnews.com/...
The reason most of the healthcare costs are the way they are because of what we used to lovingly call hillarycare. Mandated health insurance changed the dynamic of who paid and what was paid. A visit that would cost 50-100 bucks can now cost upwards of 1500 dollars. Why? Insurance pays. I still only pay 50 dollars 'out of pocket' (their words) meanwhile those who do not get the luxury of insurance try to negotiate 1500 dollars down. It is truly the tragedy of the commons. The big white elephant in the room no one wants to look at is that gov interference in mandating this stuff made the problem MUCH worse.
What was happening was as the premiums were increasing the people who were increasingly unable to afford healthcare was increasing
My healthcare costs have gone from ~2-3k a year to ~15k a year. That is with 0 medical issues. That is 100% insurance. I know I am not alone. The AHA was a giant love letter to the insurance companies. They are now finding 'oh wait that was not such a good thing for us'. All but one of the large insurance companies have dropped out. Leaving very little choice.
The 'new' system is not much better than the old. Anyone who tells you different is mighty fine on 'derp de derp the poor' and ignoring everyone else.
There is only one proven method to lowering costs on anything. That is to squeeze out the margin. That means lots of companies providing and a transparent playing field of costs. Instead we have consolidation and costs that are hidden from the public. Both recipes for monopoly behavior and costs. Both of which screw the poor even harder.
than using email or IM. I mean, really? That's rubbish. Fuck Verizon.
According to that very link, Trump could've retired in 1982. Maybe. But he actually worked since 1962, so simply living off of the daddy's inheritance would not have made him who he is.
And even if it did, some other flaw would've been found by the careful "opposition researchers", who did such a great job on Mitt Romney, for example. "Mittens", you may recall, donated his entire inheritance to charity — and made his own fortune himself...
The reason most of the healthcare costs are the way they are because of what we used to lovingly call hillarycare.
Jeebuz christa on a pogo stick. Your post is just like people blaming President Obama for world war 2 Thanks for playing, I have no need to read any posts that blame the healthcare Issues on a person who didn't have a gaddamned thing to do with them.
Now get bact to infowars, because next you'll tell us that the Clintons, th eO'bamas, and FDR have time machine where they go back in time to make certain things are all fucked up
The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
So Verizon bought AOL, and now they're buying Yahoo. What's next? Are they going to buy Compuserve, Prodigy, Lycos, or Excite?
But really, what's the plan here? I find it a little frightening that Verizon's strategy seems to be to acquire whatever large content sources they can get their hands on. They (and Comcast) have given some indications that they'd like to leverage their control over infrastructure to push their own content and services.
No, instead she just stuck other people with the failure of Whitewater.
She also bought cattle futures under an unlawfully large margin, although she could probably claim ignorance on that. Wouldn't we all like to have a buddy who would do that for us, though?
Gamingmuseum.com: Give your 3D accelerator a rest.
And... how is it doing now? The poorest people I know are still getting no health care for themselves-- their employers give them fewer than 33 hours so that they don't have to subsidize it-- and you can't pay for even the cheapest plans on $30,000. At least their kids are on CHIP.
Obamacare has been given enough time to have results, and all it's done is tax the middle and lower class. Obamacare is a failure.
Gamingmuseum.com: Give your 3D accelerator a rest.
Earlier. Silver certificates.
I've fallen off your lawn, and I can't get up.
In cash to by a worthless piece of junk. Yet also has money to fight the FCC to avoid any hint of being fair to consumers, keep other companies off their "turf" and so forth - can't even let you have a set top box they don't get rent on - they'll die. Yet they can afford this loser?
Why guess when you can know? Measure!
And... how is it doing now? The poorest people I know are still getting no health care for themselves-- their employers give them fewer than 33 hours so that they don't have to subsidize it-- and you can't pay for even the cheapest plans on $30,000. At least their kids are on CHIP.
Obamacare has been given enough time to have results, and all it's done is tax the middle and lower class. Obamacare is a failure.
First off, there is no doubt that Obamacare sucks. Then you have to ask yourself why.
It's a bastardized system, this Romneycare, that tries to apply greed to a system that shouldn't be run by greed.
Any system that requires profit via healthcare is doomed to failure by it's very nature. When you need higher profits the next quarter, and when you can profit largely be making expenditures go away, it simply isn't going to work.
I'm a firm believer that there are some things in this world that show how unbridled greed makes them run well. And I believe that the US healthcare system is starting to show that we are the big powerful nation that can't. - any more. The profit model doesn't work so weell in matters of life and death.
So under our healthcare, and especially under the way it was heading, the adage of "die quickly" wasn't anything other than the profit model, as when people die off before they can extract money from the system, the system profits. As much as some opponents of that pejorative might have bristled, it is a path to profit.
The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
Well, I'm not a fan of Trump but that's bullshit. Somebody has to receive the money in those funds and actually do something with it, or the "greater returns" will not correspond to any actual value and just devalue the currency and the work (by redistributing the resulting value among people who did not actually contribute anything to it but resource-juggling).
So he made other people more "money" than himself. Of all the things you can blame him for---and there is no shortage of them---that seems to be the least problematic.
So, I'm not planning on voting for Trump and would prefer that no one did, but I'd have to ask, of those businesses that Trump went bankrupt on, perhaps all four of them were phone-ins too?
The business world does have ups and downs, and if you're a major player you're going to have them. Even Warren Buffett has the occasional bankruptcy in one or two of his holdings.
So, I think I agree that using something like the four bankruptcies (which in this case were Chapter 11 reorganizations, not liquidations), against Trump is magnifying a certain expected level of failure or error into a big deal. If he really does have 500 investments, then is four bankruptcies actually a big deal?
I actually think Trump needs to be taken very seriously as someone who knows exactly what they are doing, and I'd probably vote for Clinton if I didn't think she'd only make the problem worse. And that's a big deal, because I think the Democratic party platform is divisive and pandering, just like the Republican party platform, they just have fewer rednecks. Electing her is going to keep the pressure cooker from exploding one more term or two, but that just means the explosion is going to be even greater when she's done. She has nothing to help with this current situation, and the DNC mails only show the level of tone-deafness that her and the rest of the Democratic party are experiencing.
3) Hillary Clinton has not had to declare bankruptcy
That's like saying that I've never declared bankruptcy. I haven't, but I've never actually run a major business, and neither has she.
And Fiorina, while probably preferable to Trump, was someone who thought that losing a Senatorial election meant that now she was qualified to run for a Presidential contest as well. It was like she had this script in her head about
1. Run HP successfully
2. Win Senate Election
3. Become President
And no one bothered to mention to her that she hadn't actually accomplished either of the first two steps before trying the third one.
Very ironic, because Yahoo existed to me solely as a news outlet that wasn't controlled by Viacom. Now that it is, there is no reason to use any yahoo services.
Remind me again why Mozilla integrated yahoo as the default search?
All of it will happen again. Before Yahoo (before the Web actually), there was a Veronica which did a fairly reasonable job of cataloging the big gopher sites. And before that, there was an ftp site (can't recall the name) which tried to mirror most of the content hosted on other popular ftp sites (and was eventually displaced by Archie).
Yahoo foundered because their core web search was built on people hand-picking what should be the best results for a search term. I remember trying to find a decent car mechanic in Boston, and being able to drill down their indexing tree for businesses, Massachusetts, Boston, car mechanics. And there was a list of repair shops who'd either registered themselves with Yahoo, or someone else had taken the time to add an entry for them. AltaVista gave that tedious indexing job to a computer, with mixed results since computers don't understand context or what people find valuable. Google succeeded because they realized the very structure of the web itself (i.e. number of links to a site) gave them that context - what sites other people found valuable.
CIA/NSA spy on all Yahoo already. Now it's just spy on Verizon...
Can you fear me now?
Earlier. When they gave away all those good mirrors and booze in exchange for furs.
or a useless puppet with not a single success in her life.
No. She did manage to get fired from the Watergate investigation for gross incompetence. Also to marry a successful man to pull her career along. To be fair.
If your "university" courses are all about pitching the next level course where the *real* secrets are, at a higher fee, you may be enrolled in a scam. Actually, if it alleges to sell secrets at all.
https://www.eff.org/https-everywhere
If your "university" courses are all about pitching the next level course where the *real* secrets are, at a higher fee, you may be enrolled in a scam. Actually, if it alleges to sell secrets at all.
Actually, it may be a tax-exempt religion... Hmm...
which makes me think calling Hilary a crook is a bit rich...
False dichotomy. They both can (and probably are) crooks...
Once the feminists win, and all leaders are female, the tongue will become a more important part of her body.
Once the feminists win, and all leaders are female, the tongue will become the most important part of the male body.
> ...the poorest using emergency rooms as basic healthcare - the most expensive healthcare in the world.
TRUE! Here we are in the emergency room, my wife had fallen & hurt her back- and cannot feel her legs and is incontinent. We're talking spinal injury here. Who gets to go before us? Little Jimmy being coached by mom to cough, so they can 'get some sort of physical' needed by the next morning at school. The cough was to legitimize their visit. Yeah we were there 8 hrs, and the spinal operation is forthcoming but thank god Jimmy got some Robotussen and a clean bill of health for school.
>bankruptcy
From one business owner to another, bankruptcy is just another 'financial tool' to be used in certain situations.
But to regular household citizens a bankruptcy is a blight on one's life. One takes a direct hit financially, reputationally, and professionally. It is not absorbed by LLCs, shells, and such. So when Joe Q. Public hears someone has been bankrupt more than once? Shame on them! Such irresponsible gamblers and clumsy wolves they must be!
Greed is OK if funneled correctly and controlled. Greed is understandable and direct.
In fact, simple greed works better than than altruism, as altruism is often just uncontrolled greed masquerading as goodness.
For example, who would you trust more: the guy who offers to mow your lawn for $20, or the guy who tells you he'll do it because "he just wants to help".
Without knowing either person, you'd trust the $20 guy more. His motivation is obvious.
Keep in mind I said Controlled. Uncontrolled greed is a blight.
[Keick wrote: "So your choice is really; Some loud mouth bozo with a 95% success rate in running businesses of all types, or a useless puppet with not a single success in her life." ]
Puppet?!!
Will this change or reinforce your opinion:
https://youtu.be/YMHOcmDVBP0
The raw version:
https://youtu.be/lJjHTeo6mVw
From another angle (look at the facial reactions of the journalist on the left):
https://youtu.be/jtU5nMbEsQ4?t=18s
In business, bankruptcy isn't just another tool. It's a way to screw people over, to get out of inconvenient obligations, and leave lots of people asking where their money went.
"When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
I'm not an anti-Trump astroturfer. I'm anti-Trump for my own reasons and don't charge a penny for it. He'd be a disaster if elected to public office.
"When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
You know which President as far back as I can remember (and that's a long time, sonny, now get off my lawn) got an actual balanced budget? Some guy named Clinton. If we're talking about keeping the US solvent, I favor Clintons.
"When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
Also, due to political pressure, the ACA was set up to not allow downward pressure on the profits of insurance companies or pharmaceutical companies. I don't think that it's the profit model that's at fault here, since we've all got to allocate resources somehow, it's the looting model that sucks.
"When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
> ...the poorest using emergency rooms as basic healthcare - the most expensive healthcare in the world.
TRUE! Here we are in the emergency room, my wife had fallen & hurt her back- and cannot feel her legs and is incontinent. We're talking spinal injury here. Who gets to go before us? Little Jimmy being coached by mom to cough, so they can 'get some sort of physical' needed by the next morning at school. The cough was to legitimize their visit. Yeah we were there 8 hrs, and the spinal operation is forthcoming but thank god Jimmy got some Robotussen and a clean bill of health for school.
> ...the poorest using emergency rooms as basic healthcare - the most expensive healthcare in the world.
TRUE! Here we are in the emergency room, my wife had fallen & hurt her back- and cannot feel her legs and is incontinent. We're talking spinal injury here. Who gets to go before us? Little Jimmy being coached by mom to cough, so they can 'get some sort of physical' needed by the next morning at school. The cough was to legitimize their visit. Yeah we were there 8 hrs, and the spinal operation is forthcoming but thank god Jimmy got some Robotussen and a clean bill of health for school.
During the runup to my father's death, we had the experience of a few visits to the ER. And yes, there were people there who were not suffering from anything a general practitioner couldn't provide. But as the doctor said when I queried him - "There are no other choices for them." No doubt we all want our loved ones to receive the best of treatment and as quickly as possible. Unfortunately, to extremely loosely paraphrase Donald Rumsfeld: "You Use the Healthcare You Have---not The Healthcare You Might Want Or Wish To Have At A Later Time."
When Reagan signed the Emergency Medical Treatment and Active Labor act in 1986 https://en.wikipedia.org/wiki/... it mandated just that. It is one of th dlargest unfunded mandates I know of. And I don't see much possibility of the faithful going against the mandates of their patron saint.
The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
WOW! So now Verizon owns both AOL AND Yahoo... The 1990's called. They want their technology back!
Though likely the most valuable assets were the 15 percent interest in Chinese e-commerce company Alibaba, what's left of the Yahoo user base, and the real estate (which was probably all purchased at the height of Yahoo's value)...
No to defend Trump, but this was always something that bugged me. It seemed the media liked the soundbite more than the actual facts. Bankruptcy isn't really all that uncommon in business, and in many cases all it is just a way to protect yourself (corporation) from creditors, while you restructure and realign the business into a more successful one. Not all of them as I understand it lead to a sell off of all assets and dissolution of everything. In addition to all that, as you say Trump has had more than a few businesses over the years, it is to be expected that some of them would fail. Indeed it sounds like a lot of ventures he wasn't really all that involved with, but his partnership pretty much just included the "Trump" name, which when they fail isn't great for his "brand", but probably have little other impact.
If you recall American Companies GM and Chrysler recently went through Bankruptcy. However they are still around and worth hundreds of billions employing hundreds of thousands of people. Even Ford who managed to avoid it, did go through it twice in its early years. Considering likely most of Trump's assets are in real estate, and given the housing issues around the same time, it is hardly all that surprising.